The highest trading volumes during yesterday's session were recorded by: iShares Trust – iShares ESG Aware MSCI USA ETF, Schwab U.S. Large-Cap ETF, iShares MSCI USA Momentum Factor ETF.
Yesterday's session summary: Leading equity indices in the US declined as after dropping 0.8%, Nasdaq closed at 12,060. S&P 500 lost 0.6% and ended the session at 4,129.79.
Why Trading Volume Matters
Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.
Though trading was down yesterday, some etfs reached high volumes. Here is an update.
IShares Trust – iShares ESG Aware MSCI USA ETF hit a significant low of $79.22 around 6 months ago, but has since recovered 15.19%. The fund has been trending positively for about a month.
Shareholders to attain annual dividend yield of 2.07% this year
Having set a significant low of $42.25 6 months ago, Schwab U.S. Large-Cap ETF is trading 15.67% higher. The fund has been trending positively for about a month.
IShares MSCI USA Momentum Factor ETF has shed $19.38 points and is languishing 11.94% lower over the past year, leaving its yearly highs around $161.9 in the rear-view mirror. The fund has been trending positively for about a month.
— Average trading volume refers to a 21-day rolling average.